Green Operations

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To live up to SinoPac Holdings' commitment in mitigating and adapting to climate change, the Environmental Sustainability Team under SinoPac Holdings' Sustainable Development Committee was established to be in charge of the overall planning and implementation of related environmental sustainability policies and action plans adopted by SinoPac Holdings and its subsidiaries. To reduce the environmental impact of business operations and achieve the two sustainability commitments - "mitigate and adapt to climate change" and "promote inclusive growth.", Environmental Sustainability Team developed three action plans in 2019, namely, promote climate change mitigation actions, enhance supply-chain sustainability management, and promote green procurement and a sustainable consumption and production model. The actions plans were set in line with SDG 13: Climate Action, SDG 8: Decent Work and Economic Growth, and SDG 12: Responsible Consumption and Production under the UN SDGs to be followed by the subsequent operation of SinoPac Holdings and its subsidiaries.

To reduce GHG emissions and energy consumption, SinoPac Holdings continues to optimize the internal energy management and demonstrate support for mitigating climate change impact by adopting the ISO14001:2015 Environmental Management System and ISO 50001:2018 Energy Management System and expanding the scope of ISO 14064-1:2018 GHG Inventory to 100% in 2020 with external certification. In addition, the Company received an A- (Leadership Level) in the first year participating in the CDP survey, which shows that the excellent efforts in environmental operation and management in the past two years has been highly recognized by internal and external stakeholders. Besides managing the environmental performance of own operation, SinoPac Holdings also work on procurement through conducting supplier audit and establishing the Supplier Evaluation System with the aim of supporting suppliers that produced eco-friendly products with low carbon emissions through concrete action such as green procurement and supplier management and hoped to expand the influence on the supply chain, encouraging suppliers to set carbon reduction targets and jointly contributing to the sustainability of the environment.

 
 
ISO14001:2015 ISO14064-1:2018 ISO50001:2018
 


 ● Greenhouse Gas Management

Since 2018, SinoPac Holdings has implemented the greenhouse gas inventory using the operational control approach to obtain information on total greenhouse gas emissions of SinoPac Holdings and its subsidiaries. In 2019, the coverage of ISO14064-1 GHG inventory certification increased to 40%, and it was further expanded to all operating sites (100%) in 2020. In regard to the fact that the GHG inventory certification coverage has reached 100% and the boundary of inventory was completed, SinaPac Holdings will adjust the base year from 2018 to 2020 in 2021 and set an annual target of 1% carbon reduction and targets of 5% and 10% carbon reduction by 2025 and 2030 from the base year (2020) respectively. In 2020, Scope 1 and Scope 2 GHG emissions of SinoPac Holdings were reduced by 19.5% in total, with per-capita emissions 18% reduced from 2018. The results do not only reach the reduction target, but also show great progress and results in the Company’s overall energy management.

● Energy Management

SinoPac Holdings completed five energy conservation and carbon reduction measures in 2020, including optimizing illumination and air conditioning, controlling electricity and water consumption, and organizing awareness training, reducing 929 MWh of electricity in total, equivalent to 472.88 metric tons of CO2e. On the part of products and services, the Company continued to promote paperless services, including electronic credit card statements, online credit card applications, and online loan applications, reducing a total of 1,105 metric tons of CO2e in 2020.

● Waste Management

Waste from the office buildings of SinoPac Holdings and its subsidiaries is mainly domestic waste. Recyclable waste is divided into four categories: paper, bottles, iron and aluminum cans, and IT equipment. All general and recyclable waste is shipped by qualified contractors to incinerators or recycling sites for disposal. The paper waste is collected and managed by the responsible unit of the Company and handled in accordance with the document destruction rules before handed over to the paper manufacturer for disposal as recycled paper raw material. The waste of electronic product waste is handled in accordance with internal information safety rules, and any digital data related to customer information is also kept secure and confidential and destroyed in accordance with the internal rules and procedures. SinoPac Holdings starts to calculate total waste from the seven self-owned buildings based on the actual weight since 2019, and in 2020 the newly added data from Xingda Building was also included in the scope of waste management in 2020. The total weight of waste produced from business operations was 325.92 metric tons, which is a 9.1% reduction from 2019.

 

● Water Resources Management

The water resources consumed by SinoPac Holdings and its subsidiaries are mainly tap water, and mainly used for drinking, air conditioning, and cleaning. There is no groundwater or other sources of water supply. The overall and per-capita water consumption was 177,786 tonne and 21.5 tonne in 2020, which has reached the goal of 2% reduction per year compared to base year (2018) with 117% target achieve rate. The water consumption from 2017 to 2019 was estimated by the expenditures on water, and SinoPac Holdings has started to track and calculate the usage from each water bills in 2020. Hence, the Company has adjusted the base year from 2018 to 2020 to optimize water resources management. In 2021, SinoPac Holdings will continuously take relevant water conservation measures to reduce average water consumption by 1% per year.